1. Introduction to Strategic Decision-Making:
- Understanding strategic decision-making process
- Evaluating the role of strategic decisions in organizational success
- Identifying key stakeholders and their influence on strategic decisions
2. Strategic Analysis and Planning:
- Conducting SWOT analysis to assess internal strengths and weaknesses, and external opportunities and threats
- Developing strategic objectives and goals
- Formulating strategic plans based on analysis and organizational goals
3. Financial Analysis and Decision-Making:
- Financial statement analysis techniques
- Evaluating financial performance and ratios
- Assessing the financial implications of strategic decisions
4. Risk Assessment and Management:
- Identifying and assessing risks associated with strategic decisions
- Implementing risk management strategies
- Analyzing the impact of risk on financial outcomes
5. Cost-Benefit Analysis and Financial Modeling:
- Conducting cost-benefit analysis to assess the financial viability of strategic decisions
- Using financial modeling techniques to forecast outcomes and evaluate scenarios
- Analyzing the impact of different variables on financial performance
6. Strategic Decision Implementation and Evaluation:
- Strategies for effective implementation of strategic decisions
- Monitoring and evaluating the financial impact of strategic decisions
- Making adjustments and refinements based on evaluation results
7. Strategic Communication and Stakeholder Management:
- Communicating strategic decisions effectively to stakeholders
- Managing stakeholder expectations and concerns
- Building strong relationships with stakeholders to support strategic decision-making
8. Ethical and Legal Considerations in Strategic Decision-Making:
- Understanding ethical frameworks and principles in decision-making
- Addressing legal and regulatory aspects of strategic decisions
- Managing ethical dilemmas and conflicts of interest
These units provide a comprehensive understanding of the role of strategic decisions and their financial impact. They cover key concepts, analytical techniques, and practical strategies to help professionals make informed strategic decisions and evaluate their financial consequences.